Walmart and Amazon are competing to own the infrastructure of daily living, including shopping, healthcare, media, and cloud services.
Amazon is incorporating AI to enhance the shopping journey and offer a more personalized experience, while Walmart is leveraging scale and supply chain efficiencies.
Consumers are subscribing to both Amazon Prime and Walmart+ for different needs, with each retailer excelling in different areas.
Both companies are expanding beyond traditional retail: Walmart is focusing on healthcare initiatives and investing in asset ownership, while Amazon is diversifying revenue through digital services and AI tools.